A personal, guided tour to the best scoops and stories every day in The Wall Street Journal, from Editor in Chief Gerard Baker.

U.S. President Barack Obama packed his State of the Union address on Tuesday with a host of relatively small-scale proposals tailored to reanimate Democrats and independents ahead of midterm elections in November. Meanwhile, Republicans issued warnings of presidential overreach in response to Mr. Obama's new drive to use executive power to advance his policy goals. We also examine a new type of retirement savings account that Mr. Obama mentioned in his speech and for which he is...